Hi folks today I'm prepared for you Gold analytics. Some time ago price rebounded from the trend line and in a short time declined firstly to the 2055 resistance level, which coincided with the resistance zone. Soon, the price broke this level and made a retest, after which continued to decline to the 2015 support level, which coincided with the support zone, but when the price fell to this level, it at once rebounded and made a strong impulse up to the resistance zone. After this price rose to the trend line and then made from this line lower buer zone strong impulse down. Then price in a short time rose higher than the support level, making a fake breakout and some time trading near this level. Later price bounced from the 2015 support level and rose to the trend line, which soon broke and continued to move up to the resistance level. But a not long time ago Gold rebounded from this level and in a short time declined to trend line back, where it now continues to trades near. I expect that Gold will rise to 2050 points, after which turn around and then start to decline to the trend line. That's why I set my target at the 2025 level. If you like my analytics you may support me with your like/comment ❤️
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🚀If you want became part of my trading team & start making big profits welcome to my paid VIP signals group, write me✏️ bit.ly/4grtzW3
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
❤️Welcome to my telegram channel👉🏼 bit.ly/418mk0x
ThinkMarket Ambasador Join & explore bit.ly/3YLyRVV
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.